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According to the ifo Institute, German industry is suffering from the current shortage of raw materials and materials, and the situation is continues to worsen. Increased purchase prices and longer delivery times are one consequence. The upswing is seriously jeopardised by the procurement crisis," warns Klaus Wohlrabe, deputy director of the Ifo Center for Macroeconomics. In the current situation, entrepreneurs and employees have to make quick and targeted decisions in order not to suffer any economic or lose their reputation with their own customers. An ERP system used in a company must therefore be able to, prepare and present the relevant data in real time.
Medium-sized manufacturing companies are particularly hard hit by the raw materials crisis, especially the shortage of semiconductors and microchips. According to the Ifo Institute, 91.5 per cent of automotive suppliers and 84 per cent of electrical appliance electrical appliance manufacturers are short of such components. In order to keep the damage as low as possible, prices must be calculated even more precisely. Delivery commitments must also be met - if this is not possible, the customer must always be informed so as not to jeopardise long-term not to jeopardise long-term cooperation. In order to control the processes and always keep an up-to-date overview, the ERP system is an important lever. important lever. All data converge here, and purchasing and sales can make precise calculations. In addition, the higher the the higher the degree of automation of the processes, the leaner the administration can work and save costs.
The right utilisation of the machines is crucial when one can hardly rely on timely raw material deliveries. In addition comes the coming winter, which will be expensive not only for private households. As energy prices are rising drastically, companies will also have to companies will have to adjust their product prices accordingly. The more accurate the calculations based on inventory data are, the more sooner a company can master the crisis. For aftersales, quality monitoring is crucial to avoid recalls and complaints. Used correctly, an ERP solution optimises the entire company. The savings potential in the processes is up to 30 percent, depending on the industry and product.
Smartstore helps you get to grips with all these problems with its specially developed middleware SOMS. In this blog post, you will learn what the software does and how we can help you achieve an end-to-end value chain in the digital age.